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State government

Discom loan restructuring backed by states

Discom loan restructuring backed by states
As suggested by the Centre, major states agreed to the plan of restructuring loan for power distribution companies (discoms) worth Rs 1.2 lakh crore, including revision of tariffs and roping in the private sector. The state government will take over half the short term outstanding loan after discoms issue bonds to lenders. The maturity of [...] Continue Reading »

MoD questions CBI’s findings over Adarsh scam

MoD questions CBI’s findings over Adarsh scam
The Ministry of Defence alleged that the state government was trying to scuttle the probe into the Adarsh society scam,it questioned the CBI’s finding that the controversial land belongs to the state government. Major general Deepak Saxena, chief ofstaff for Maharashtra, Gujarat and Goa areas of the Indian Army, filed an application on behalf of [...] Continue Reading »

Jagan’s firms get Rs 140 cr of Vanpic project deal, alleges CBI

Jagan’s firms get Rs 140 cr of Vanpic project deal, alleges CBI
The CBI on July 16 told the CBI court that a part of the missing Rs 300 crore in the Vanpic port project deal was invested in YS Jaganmohan Reddy’s firms. Ras Al Khaimah (RAK) government which had entered into a deal with state government to construct Vanpic project gave Rs 450 crore for land [...] Continue Reading »

PCMC to table report on housing project for poor

PCMC to table report on housing project for poor
Chief Minister Prithviraj Chavan has asked the Pimpri-Chinchwad Municipal Corporation (PCMC), at a discussion in the Assembly on Monday, to provide a report in connection with the increase in cost in construction of low-cost flats for poor. The cost of flats being constructed in different parts of the city had been generating a lot of [...] Continue Reading »

Chavan rejects builders getting additional FSI

Chavan rejects builders getting additional FSI
Turning down a demand that builders be allowed to get additional floor space index (FSI) by paying premium in redeveloping old Mhada buildings in the city, Chief Minister Prithviraj Chavan said they would have to share housing stock with Mhada in redeveloped buildings. Chavan said that a meeting of local legislators would be held after [...] Continue Reading »

HC grants stay order against Benjamin case

HC grants stay order against Benjamin case
Bombay High Court on Tuesday granted interim stay to senior bureaucrat T C Benjamin, on an order directing the Maharashtra Anti- Corruption Bureau (ACB) to investigate accusations against him in an alleged real estate scam. The ACB registered an FIR against Benjamin, the Principal Secretary of the State Urban Development Department, and developer Niranjan Hiranandani, [...] Continue Reading »

Palike to construct shelter homes for citizens

Palike to construct shelter homes for citizens
The Bruhat Bangalore Mahanagara Palike (BBMP) is planning to construct shelter homes and is in the process of identifying land for the project. Palike has already received Rs nine crore from the State Government for the project. The BBMP has already set up temporary shelter homes at 13 locations in the city accommodating a total [...] Continue Reading »

Court directs ACB to look into Hiranandani case

Court directs ACB to look into Hiranandani case
The Anti-Corruption Bureau (ACB) will be inquiring Niranjan Hiranandani, the co-founder of Mumbai-based Hiranandani Group, with regard to a criminal complaint case filed against him in connection with suspected irregularities in a housing project. A special court has directed the ACB, while hearing the complaint filed by activist Santosh Daundkar against Hiranandani, for allegedly cheating [...] Continue Reading »

BBMP gets HC notice over leasing properties

BBMP gets HC notice over leasing properties
The High Court of Karnataka on Tuesday sent a notice to the Bruhat Bangalore Mahanagara Palike (BBMP) in a petition alleging irrational lease of public properties. Five Year Law Course Students’ Association, the petitioner, had approached the Court alleging that the Palike has leased out its property for a pittance. The petitioner had claimed that [...] Continue Reading »

KPRS opposes land reforms bill

KPRS opposes land reforms bill
The Karnataka Prantha Raitha Sangha (KPRS) has opposed the new land reforms bill proposed by the state government. KPRS president Maruti Manpade has said that the government is trying to expand the definition of the term ‘farmer’ in the new bill on Monday. Manpade said the present BJP government is bringing in reforms which will allow the corporate [...] Continue Reading »



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